GE Vernova Inc. $GEV Stock Holdings Lessened by Ibex Wealth Advisors

Key Points

• Ibex Wealth Advisors reduced its GE Vernova stake by 82.8% in the second quarter, selling 8,703 shares and retaining 1,810 shares worth approximately $2.13 million. CEO Victor Abate also sold 4,819 shares, cutting his direct ownership by 72.4%.
• Analysts remain broadly positive, with GE Vernova carrying a “Moderate Buy” consensus rating and an average price target of $1,133.15, although one firm downgraded the stock to “Hold.”
• GE Vernova reported 21.9% year-over-year revenue growth to $11.1 billion and raised its outlook, supported by a record $176 billion backlog and AI-related power demand. However, quarterly EPS of $2.47 missed expectations of $3.17, while wind losses, tariffs and the stock’s elevated valuation pose risks.

Ibex Wealth Advisors cut its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 82.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,810 shares of the company's stock after selling 8,703 shares during the period. Ibex Wealth Advisors' holdings in GE Vernova were worth $2,127,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of GEV. Values Added Financial LLC acquired a new stake in GE Vernova during the second quarter worth about $238,000. Allegiance Financial Group Advisory Services LLC lifted its holdings in GE Vernova by 2.2% in the second quarter. Allegiance Financial Group Advisory Services LLC now owns 981 shares of the company's stock worth $1,153,000 after acquiring an additional 21 shares during the last quarter. Capstone Wealth Management Group Inc. acquired a new position in GE Vernova in the second quarter valued at approximately $399,000. Krilogy Financial LLC boosted its stake in GE Vernova by 0.3% in the second quarter. Krilogy Financial LLC now owns 6,257 shares of the company's stock valued at $7,351,000 after acquiring an additional 16 shares during the period. Finally, SageGuard Financial Group LLC grew its holdings in shares of GE Vernova by 10.8% during the second quarter. SageGuard Financial Group LLC now owns 4,933 shares of the company's stock valued at $5,795,000 after purchasing an additional 479 shares during the last quarter.

Insider Activity at GE Vernova

In other news, CEO Victor Abate sold 4,819 shares of the firm's stock in a transaction on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the transaction, the chief executive officer directly owned 1,835 shares of the company's stock, valued at approximately $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.21% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. BMO Capital Markets reissued an "outperform" rating on shares of GE Vernova in a report on Friday, August 7th. JPMorgan Chase & Co. upped their price objective on GE Vernova from $1,302.00 to $1,330.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada increased their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of GE Vernova from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Finally, TD Cowen increased their price objective on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,133.15.

Key Stories Impacting GE Vernova

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: Strong Q2 growth and higher guidance: GE Vernova reported approximately 22% year-over-year revenue growth, stronger margins and cash flow, robust orders, and a record $176 billion backlog. Management also raised its 2026 revenue and free-cash-flow outlook, supporting expectations for continued earnings growth. Can GE Vernova's Strong Q2 Results Fuel Further Earnings Growth?
• Positive Sentiment: AI and data-center power demand remain major catalysts: Analysts view GE Vernova’s Power and Electrification businesses, backlog and high-margin services as key beneficiaries of surging electricity demand and grid investment. One bullish analysis projects $46 billion of 2026 revenue and sees significant backlog conversion ahead. GE Vernova: I Can't Stop Buying This AI Power Stock
• Positive Sentiment: New Texas power project expands potential growth: GE Vernova Hitachi Nuclear Energy and Blue Energy agreed to advance a proposed 2.5-gigawatt gas-and-nuclear facility in Texas into engineering, licensing and safety work, reinforcing the company’s nuclear opportunity. GE Vernova and Blue Energy Move Forward With 2.5 GW Texas Gas-Nuclear Power Project
• Neutral Sentiment: Industry funding highlights storage competition and opportunity: Form Energy raised $750 million to expand iron-air battery production, signaling accelerating investment in large-scale power-storage technologies. The development is not directly tied to GEV but could influence future grid-equipment demand and competitive dynamics. Form Energy raises $750m to expand iron-air battery production
• Negative Sentiment: Valuation and execution risks temper the bullish outlook: GE Vernova’s shares have already delivered strong returns, and analysts warn that expectations are high. The company’s latest adjusted EPS of $2.47 missed the $3.17 consensus estimate, with wind-segment losses and tariff costs weighing on profitability. GE Vernova’s AI Power Boom Faces a Profit Test

GE Vernova Stock Performance

Shares of NYSE GEV opened at $1,048.52 on Friday. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The company has a market cap of $279.25 billion, a PE ratio of 30.01, a P/E/G ratio of 3.71 and a beta of 1.21. The stock has a 50 day simple moving average of $1,031.48 and a 200-day simple moving average of $957.01. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21.

GE Vernova (NYSE:GEV - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). The business had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm's revenue was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.86 earnings per share. On average, equities research analysts forecast that GE Vernova Inc. will post 15.57 EPS for the current year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova's dividend payout ratio is presently 5.72%.

GE Vernova Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.

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